Is Ormsby, MN 56162 a buyer’s or seller’s market?
Ormsby is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list86.5%Sold price ÷ list price
Median days on market101Listing to accepted offer
Median price per sq ft$77▲ +2.1% vs. last year
Run the numbers for 56162
Nearby markets
Ceylon 56121Balanced $49 /sq ftDunnell 56127Balanced $91 /sq ftFairmont 56031Seller’s market $111 /sq ftGranada 56039Seller’s market $140 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology